Category Archives: fools ‘n frauds

Trump Covid Casualties – State Sales Tax Collections Dive

Raising taxes on the middle class is not a viable option. A federal bailout or large assistance program for states appears likely. Senate Majority leader McConnell – aka Moscow Mitch – has a sure-fire way to create another great depression – let the states go bankrupt while Trump eats cake- and crow in Mira Largo. Continue reading

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SMMT – Final Plea for Zero-Tariff Trade Deal As Brexit Negotiations Near End

However, significant gaps in the industry’s ability to plan still exist, with a lack of clarity on the nature of the UK-EU’s future relationship hampering the efforts of almost nine in 10 (86%) firms to prepare. A disastrous ‘no deal’ outcome, or failure to achieve workable deal for auto, would mean £47 billion hit to UK sector over next five years – on top of ongoing coronavirus crisis costs, the auto industry claims. Ah, such is the price of blind ideologies who ignore real consequences, economists and political scientists. Continue reading

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Debt to Watch as Covid Spreads – New FCA Bank Notes

AutoInformed thinks it too reflects the uncertainty in global economies as Central Banks – led by what some say is a printing-press happy US Treasury – have pushed interest rates on government debt to virtually zero. Continue reading

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California AG, CARB File Motion To Shield LA Area Communities From Port of Los Angeles China Shipping Terminal Air Pollution

In 2008, the Port of Los Angeles certified an EIR that imposed feasible air quality mitigation measures to reduce the China Shipping Terminal’s anticipated adverse air quality impacts, including those on nearby communities. However, six of those measures were never implemented, exposing communities to harmful air quality impacts that should have been reduced by the mitigation measures included in the 2008 EIR. Continue reading

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CARB Warns Vehicle, Engine Makers on Emissions Cheating

The move comes as CARB nears completion of a new testing lab that gives the agency greater ability to detect these unapproved programs. Given the sorry history of so-called cycle cheating on CARB and EPA compliance tests, it’s not surprising that CARB is increasing efforts to protect public health and reduce combustion pollution. Continue reading

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Covid Casualties – U.S. and China Images Declining

Few in the countries surveyed have confidence in the leader of either the U.S. or China, and many are critical of how both countries have handled the coronavirus outbreak. On most measures included in the survey, people are even more critical of the U.S. than of China. However more still have favorable opinions of the U.S. Continue reading

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Governors Cuomo, Whitmer Call for Investigation Into Trump Administration’s Politicization of Pandemic Response 

“It is an inarguable fact that the United States has had the worst response to the COVID-19 virus of any nation in the world. Nearly 7 million Americans have tested positive for the virus, and more than 200,000 Americans have been killed by it — both more than any other country. The unprecedented and unacceptable scale of this tragedy is the direct result of President Trump and the federal government’s deceit, political self-dealing, and incompetence, they said. This in effect echoes the “we hold these truths to be self-evident” language of  Thomas Jefferson who despised despots who ruled for their own personal gains. Continue reading

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SEC Settles Charges Against Clean Water Project Founder

The complaint alleges that only $650,000 of the $7.2 million raised made it to the project’s bank account. According to the complaint, Sembritzky spent the rest of the money on such personal items as a $2 million condominium for his then-wife, luxury cars, jewelry, and credit card debt. Continue reading

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Our Sinking US Economy Sinks $3.3 Trillion Further

It is now almost completely likely that the US  federal debt under the Trump Administration will exceed annual gross domestic product (GDP ) in 2021. The last time this happened  was at the close of World War II, when amassed debt exceeded in value the size of the economy. Continue reading

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This Grim Picture is Not Worth a 1000 Corona Deaths

The United States accounts for 22% of the Global Corona Virus Deaths with a mere 4% of the world’s population. Fear the Trump Administration if you care for your own o ranyone else’s health and safety. Continue reading

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CARB Fines Flagship, a Ford Specialty Vehicle Maker

Vehicles sold new in California must be certified to meet California emissions standards. Modifications to a vehicle’s emissions equipment prior to the sale alters the original certification. Continue reading

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Honda Sets Records for Auto Production in China

The Trump Administration denied there was problem. In fact, President said that Covid would go away by April. And even now is falsely maintaining that its response could not have been better as unemployment is approaching Great Depression levels and more than 100,000 people have died… Continue reading

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Risks Versus Odds Versus “WE the People”

It appears that large sub-segments of the U.S.population are anti-science, anti-vaccine or is that dumb and proud of it? They are putting other people at risk. Continue reading

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UAW Balks at Reopening Workplaces

“The only guideline in a boardroom should be management asking themselves, “Would I send my family — my own son or daughter — into that plant and be 100% certain they are safe?” – UAW President Rory L. Gamble Continue reading

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Wells Fargo to Pay $500 Million for Misleading Investors

Wells Fargo has agreed to pay $500 million to settle the charges, which will be returned to investors. The $500 million payment is part of a combined $3 billion settlement with the SEC and the Department of Justice. Continue reading

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